Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Jun. 30, 2026	Sep. 30, 2025
Current Assets
Cash and cash items		$ 980.5	$ 1,856.0
Trade receivables, net		1,881.5	1,901.2
Inventories		751.6	776.5
Prepaid expenses		155.1	174.9
Assets held for sale		475.5	427.7
Other receivables and current assets		719.3	689.5
Total Current Assets		4,963.5	5,825.8
Investment in net assets of and advances to equity affiliates		5,577.4	5,366.1
Plant and equipment, at cost		43,120.4	42,754.8
Less: accumulated depreciation		18,125.3	17,417.0
Plant and equipment, net		24,995.1	25,337.8
Goodwill, net		957.4	963.9
Intangible assets, net		278.4	293.5
Operating lease right-of-use assets, net		790.6	944.0
Noncurrent lease receivables		283.0	307.1
Financing receivables		946.4	1,000.0
Other noncurrent assets		1,653.8	1,021.3
Total Noncurrent Assets		35,482.1	35,233.7
Total Assets	[1]	40,445.6	41,059.5
Current Liabilities
Payables and accrued liabilities		3,529.6	3,237.7
Accrued income taxes		98.0	179.4
Short-term borrowings		126.7	34.7
Current portion of long-term debt		769.5	716.3
Liabilities held for sale		51.5	50.5
Total Current Liabilities		4,575.3	4,218.6
Noncurrent Liabilities
Noncurrent operating lease liabilities		489.8	616.0
Other noncurrent liabilities		1,374.4	1,348.1
Deferred income taxes		638.4	579.6
Total Noncurrent Liabilities		19,273.9	19,491.1
Total Liabilities	[1]	23,849.2	23,709.7
Commitments and Contingencies - See Note 12
Air Products Shareholders’ Equity
Common stock (par value $1 per share; issued 2026 and 2025 - 249,455,584 shares)		249.4	249.4
Capital in excess of par value		1,328.3	1,306.5
Retained earnings		16,299.5	17,558.6
Accumulated other comprehensive loss		(1,990.1)	(2,087.8)
Treasury stock, at cost (2026 - 26,770,054 shares; 2025 - 26,867,328 shares)		(2,003.3)	(2,001.8)
Total Air Products Shareholders’ Equity		13,883.8	15,024.9
Noncontrolling interests	[1]	2,712.6	2,324.9
Total Equity		16,596.4	17,349.8
Total Liabilities and Equity		40,445.6	41,059.5
Nonrelated Party
Noncurrent Liabilities
Long-term debt		16,585.1	16,769.9
Related Party
Current Assets
Trade receivables, net		200.0	105.0
Current Liabilities
Current portion of long-term debt		29.5	59.0
Noncurrent Liabilities
Long-term debt		$ 186.2	$ 177.5

[1] Includes balances associated with a consolidated variable interest entity ("VIE"), including amounts reflected in "Total Assets" that can only be used to settle obligations of the VIE of $8,138.4 and $7,134.7 as of 30 June 2026 and 30 September 2025, respectively, as well as liabilities of the VIE reflected within "Total Liabilities" for which creditors do not have recourse to the general credit of Air Products of $5,474.3 and $4,937.7 as of 30 June 2026 and 30 September 2025, respectively. Refer to Note 3, Variable Interest Entities, for additional information regarding the NEOM Green Hydrogen Company joint venture.